Calculator

LMI Calculator

Lenders Mortgage Insurance (LMI) applies when your deposit is less than 20% of the property value. Use this calculator to estimate the LMI premium based on Helia/QBE indicative rates.

$750,000
$100k$3M
10% ($75,000)
2%20% — No LMI40%

LMI estimate

LMI Required

$12,697

total LMI cost (incl. stamp duty on LMI)

LVR90.0%
Loan amount$675,000
LMI premium$11,543
Stamp duty on LMI (~10%)$1,154

These results are estimates only

Your actual borrowing capacity depends on your full financial picture, lender credit policy, and current rates. Click below to get an accurate assessment from one of our brokers — it's free.

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